South San Francisco-based iPierian raised $30m in private financing to prepare its monoclonal antibody targeting the tau protein for clinical development and to fund a series A round for the new company True North Therapeutics, which will develop iPierian's monoclonal antibody that selectively inhibits the classical complement pathway for the treatment of rare diseases.
IPierian CEO Nancy Stagliano said 16 months ago that the company would focus on the development of monoclonal antibodies targeting tau and the complement pathway for neurodegenerative diseases (scripintelligence.com,
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